Diana Health Secures $55 Million to Expand Women's Health Services

What's Happening?

Diana Health, a network of women's health practices, has successfully raised $55 million in a Series C funding round to expand its comprehensive care model. The funding was led by HealthQuest Capital, with participation from previous investors such as Norwest, .406 Ventures, LRVHealth, and AlleyCorp. Diana Health plans to use the capital to increase its physical presence, enhance clinical programming, and improve its digital platform. The company, which collaborates with hospitals to design and operate women's health programs, currently partners with nine hospitals across Tennessee, Florida, and Texas. Diana Health's model integrates certified nurse-midwives with OB-GYNs and mental health professionals, aiming to provide extended appointment times and comprehensive support services, including nutritional counseling and mental health care.

Why It's Important?

The expansion of Diana Health's services is significant as it addresses the critical issue of maternal health in the United States, which has the poorest outcomes among developed nations. By focusing on evidence-driven and relational care, Diana Health aims to improve health outcomes and reduce C-section rates. The company's approach aligns clinicians and hospitals around measurable goals and durable maternity programs, which have historically been challenging to sustain. This initiative could lead to healthier families and thriving communities, as emphasized by Neel Shah, M.D., Chief Medical Officer of Maven Clinic. The investment in AI and digital tools further supports Diana Health's mission to provide personalized and continuous care, potentially setting a new standard in women's health services.

What's Next?

With the new funding, Diana Health plans to invest in artificial intelligence technologies to enhance provider insights and improve patient engagement through its custom-built app. The app integrates with AthenaHealth's electronic health records and offers educational tools, goal-setting features, and telehealth services. Diana Health will continue to measure success through various indicators, including Net Promoter Scores, provider satisfaction, and perinatal health metrics. The company aims to demonstrate significant improvements in maternal health outcomes, ensuring parity between Medicaid and commercial populations. As Diana Health expands its footprint, it may influence other health systems to adopt similar models, potentially transforming the landscape of women's health care in the U.S.